STX 7.50% 18.5¢ strike energy limited

Ann: Wagina Gas Discovery, page-208

  1. 262 Posts.
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    If the Kingia comes in they would (sensibly) prioritise that for testing IMO. The way the well is designed the Wagina will be behind two strings of casing and cement after reaching TD - not ideal for perforating and flowing. With a deep well like this, high pressure and 700 m (?) between the two targets you have to accept that producing from both zones is probably not feasible in the one design, especially if the deeper zone is the main game.

    If the Kingia play is unsuccessful, the deeper part of the well can be plugged back and the Wagina can be tested through the 8-5/8” liner they are running now. Hope that does not happen!

    Follow up wells would target the Kingia first I’d guess if the volumes play out as per the pre-drill estimates.

    Hope this helps.
 
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